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563 Burgess Rd, Mill Spring, NC, 28756

1beds
1baths
856sqft
$499,900
$584price/sqft
$3,124/moest. monthly cost
$124,960/yrincome needed

About This Home

Completely renovated from the studs out, this cabin sits on 7.83 unrestricted acres in Mill Spring, where creeks border three sides of the property and long-range mountain views stretch beyond a landscape of pasture, hardwoods, and natural beauty. Every surface, finish, and system has been thoughtfully updated, creating a home that feels fresh, comfortable, and ready to enjoy from day one. Outside, the property offers the kind of flexibility that's becoming increasingly difficult to find. A detached garage and additional outbuildings provide space for equipment, hobbies, storage, or animals, while the unrestricted acreage opens the door to countless possibilities. A newly added RV hookup with septic connection allows you to comfortably live on the property while building, host guests, or create an additional basecamp for weekends in the mountains. Whether you're seeking a private retreat, investment opportunity, small farm, or future homesite, the value here extends far beyond the cabin itself. Whether your vision is a mountain getaway, family compound, or custom home overlooking the water and mountains, this property offers the space, freedom, and infrastructure to bring it to life.

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
3
BikeSomewhat Bikeable

Schools

6/10
4/10
5/10
Polk County High SchoolGrades 9-128.3 mi

Construction

Condition

  • Year built: 1930

Materials

  • Foundation: Crawl Space
  • Construction materials: Wood

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Electric Cooktop,Electric Oven
  • Laundry features: Laundry Closet

Bedroom S

  • Level: Main

Bedrooms & Bathrooms

  • Bedrooms: 1
  • Bathrooms: 1
  • Full bathrooms: 1
  • Main level bedrooms: 1

Features

  • Fireplace features: Wood Burning Stove
  • Finished area below ground: 0
  • Finished area above ground: 856

Heating & Cooling

  • Heating features: Ductless
  • Cooling features: Ductless

Interior Area

  • Total structure area: 856
  • Total interior livable area: 856 sqft

Kitchen

  • Level: Main

Property

Details

  • Parcel number: P397
  • Zoning: OPEN
  • Special condition: Standard

Features

  • Levels: One
  • Stories: 1
  • On waterfront: Yes
  • Waterfront features: None,Creek,Creek/Stream

Lot

  • Lot size: 7.83 Acres
  • Features: Level,Pasture,Private,Wooded,Views

Parking

  • Parking features: Circular Driveway,Other - See Remarks
  • Has uncovered spaces: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Ice Storm
    Ice StormRelatively High
  • Landslide
    LandslideRelatively High
  • Lightning
    LightningRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Cold Wave
    Cold WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Tornado
    TornadoModerate

How This Home’s Risks Compare

Ice Storm
Landslide
Lightning
Strong Wind
Cold Wave
Inland Flooding
Tornado

FEMA Declared Disasters in Polk County and North Carolina

Fire
Flood
Hurricane
Mud Landslide
Severe Storm
Tropical Depression
Tropical Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $2,527$30,324
Home Insurance *$182$2,184
Property Taxes $215$2,580
Electricity $200$2,405
Total$3,124$37,488
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$107,108/yr
40% on housing$93,720/yr
45% on housing$83,306/yr

North Carolina FAIR Plan Programs

North Carolina Joint Underwriting Association - FAIR Plan

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →

NCIUA - Coastal Property Insurance Pool (CPIP)

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 235,990Commercial: 10,165
Total Premiums$278.20M
Total Exposure$57.33B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 11.3%
11.3%
0%30.0%
Electricity Growth Rate10-year average: 4.0%
4.0%
0%15.0%
Property Taxes Growth Rate2-year average: 1.2%
1.2%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$584This listing

vs Other Active Listings

Avg $/sqft

ZIP 28756$527
Polk County$288

vs Homes Sold Last Month

Median $/sqft

ZIP 28756
Polk County$254

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-07-29Price change$499,900
2026-06-16Listed for sale$529,000
2025-06-25Sold$170,000
2025-05-05Pending sale$150,000
2025-04-30Listed for sale$150,000

For Sale by Agent

AgentNikki Sauvé
BrokerageSauvé Collective

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